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Murton Post Office, 21 Woods Terrace East, Murton, Seaham, SR7 9AA

£120,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

Ask agent

SECTOR

Post office for sale

Key features

  • Post Office commission c. £52,000
  • Detached ground floor lock up
  • Busy location. Rare freehold opportunity
  • Potential to increase sales
  • Genuine retirement sale
  • Energy Rating C
  • Christie & Co Ref: 6411090

Description

Description

Murton Post Office is well established, the current owners have been in situ since 2002, this is a 'mains' Post Office which also offers passport & driving licence services. The closure of a local bank has encouraged local businesses and customers to the branch. There is an external ATM machine which forms part of the Post Office services.

Location

The Post Office is situated in the heart of the town, close to other local independent businesses. Murton is close to the A19, Dalton Park and surrounded by residential properties, with new housing developments being built. The store benefits from being on the bus route and close to the community & medical centre offering lots of passing trade.

Internal Details

The trading area has one till and to the rear a secure mains post office counter, greeting cards gantry, upright drinks chiller, stationery display, a small selection of crafts and sowing, Lottery terminal and scratch cards . Our client has chosen not to introduce convenience, confectionary or alcohol. This is something a new owner may wish to consider subject to the necessary permissions required.

There is also an inner office, stock room and staff toilet.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

The Opportunity

Our client has successfully operated the business since 2002 and now wishes to retire. This would certainly suit a purchaser looking to work for themselves for the first time, having the benefit of steady trade and located in a busy area.

We feel there is scope to increase the stock product range, with the necessary permissions required adding alcohol, convenience, confectionary, joining a symbol group, extending the currently limited trading hours and reconfiguring the retail trading area could also increase sales.

Staff

The owner runs the store with three part time members of staff. Further information can be provided to interested parties.

Trading Information

The Post Office annual commission is c. £52,000 and shop sales around c. £25,000 per annum with the sale of cards, cold drinks, craft & stationary items. There is scope to improve the sales figures by adding further sales lines including applying for an alcohol licence and joining a symbol group.

Trading Hours

Monday & Tuesday: 8.30am – 5.30pm
Wednesday to Saturday: 9am – 5.30pm
Sunday: closed

Business Rates

The Rateable Value is £5,900 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.

Energy Performance Certificates

EPC 1

Brochures

Murton Post Office, 21 Woods Terrace East, Murton, Seaham, SR7 9AA

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seaham Station2.2 miles
  • Horden Station4.8 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 6411090-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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